Start Up Loans

Start Up Loans

Start up loans recipients happy thanks to the Let's Do Business Group

Starting a new business

The decision to start up a new business is one of the biggest you’ll ever make in your life. It’s a lot of hard work and responsibility, but it’s also an adventure that will help shape your future.

There’s a potential entrepreneur in all of us, though it takes time, thorough planning and attention to detail to start a new business and build it yourself from the ground up.

Most of the time, it starts with an idea. It’s an idea that you nurture, rework and refine until you’re left with a viable business plan that, when put into action, will take your idea and turn it into a working enterprise.

You aren’t alone though, as Let’s Do Business Start Up is on hand to guide you through the process and offer you the advice and mentoring you need to be successful in business.

Let’s Do Business Start Up is here to help

Let’s Do Business Start Up is on a mission to bring access to funding, business advice and mentoring to entrepreneurs via the Start Up Loans scheme.

The Start Up Loans scheme is designed to make it easier for people like you in the UK to gain access to the funding, information and support needed to start new businesses.

Interest rate: 6.00% per annum 6.19% APR representative with repayment terms over 12 to 60 months

We’ve made ourselves available through a variety of channels to make answering your queries as easy as possible as you go through the process of starting up a new business.

You can phone us, send us an email or use our live chat function (which you can find at the bottom right hand corner of your screen) to get advice right here, right now. If you have any questions at any step along the way, don’t hesitate to ask us.

You can also visit our resource centre and blog for advice, tips, news and updates affecting you and your fledgling business as you get under way.

Am I eligible for a Start Up Loan?

Although we do our best to make it easy for people to kick-start their enterprises, not everyone is eligible for a Start Up Loan.

To be considered as a candidate for a Start Up Loan, you must:

  • Have a sound business proposal
  • Start Up Loans are available to businesses yet to launch or those that have been trading for up to 12 months, although in certain circumstances this may be extended to 24 months1
  • Believe you are likely to be refused a bank loan
  • Not have been bankrupt or had an IVA (Individual Voluntary Arrangement) or DRO (Debt Relief Order) registered in your name
  • If you’ve had other credit issues in the past, please be sure to declare these in full when you complete your loan application.

You must also:

  • Have the right to live and work in the UK
  • Be aged 18+.


Need help or advice before applying for your loan?

Call us on 0844 943 2988 or click here to send us an email

Alternatively, click on the chat button in the bottom right of your screen to chat live with one of our helpful and experienced team


Three easy steps to starting up your new business

Apply online

Apply online for a start up loan

Register your interest in a Start Up Loan by filling out a Starting Your Enterprise form on this website. The Starting Your Enterprise form asks a variety of questions to determine your eligibility for a Start Up Loan, and also to assess if your business idea is sound and justifiable, so please answer all the questions fully.

At this stage, the form is not a final application for Start Up business finance and, if you need help or advice, one of our friendly team can guide you through the process. Click here for all of the ways to get in touch.

A more detailed, step-by-step guide to the Start Up Loans process can be found here.


Get assessed online for your start up loan

Your Starting Your Enterprise form will be evaluated by the Let’s Do Business Start Up team, who will then contact you to go through the form and explain how you complete your business plan and the application process.


Receive a business mentor who will help you as you start your new business

Successful applicants will be granted access to funding in the form of a loan and will be appointed a mentor who will assist with problem solving and offer impartial guidance and encouragement to help get your business off the ground.

Your mentor will be an entrepreneur who has run their own business – often starting from nothing – and has come out of the other end of the process a successful businessperson.

Your mentor will be a source of invaluable advice and knowledge as you begin your journey from start up to established enterprise.


 If you’d like to find out more, or if you’re ready to fill out a Starting Your Enterprise form, follow the links below:

Ask a question | Starting Your Enterprise


Important message from the Start Up Loan Company


The Start Up Loan is not a grant; it is a loan that you will be responsible for repaying. Meeting the monthly loan repayments forms a primary condition of the loan agreement applicants accept and sign.Like other credit commitments, failing to make Start Up Loan repayments may affect your credit score and formal action may be commenced against you for missing loan repayments.

Start Up Loans are available direct from authorised Start Up Loan Company Delivery Partners such as Let’s Do Business Group. You do not need to apply through a third party or pay any fees to obtain your Start Up Loan. Simply complete the Starting Your Enterprise form on this website and submit it to us. If you are unsure or feel you may be dealing with an unauthorised third party, please email

1 Examples of such businesses might be those which have been started more than 12 months ago and been dormant for some time or a business which has previously been a hobby and has developed into a more substantial operation. If you believe your situation might qualify, please contact us with the details so that we can assess and advise you.


  • Address: Let's Do Business Group
    8th Floor,
    Ocean House,
    87-89 London Road,
    St Leonards-on-Sea,
    East Sussex. TN37 6LW
  • Email:
  • Telephone: 0844 943 2988 (Calls cost 5p per minute plus your phone company’s access charge. If your mobile tariff allows free calls to landlines, you can call 01424 205 500.)

Part of the

Let's Start Up Logo

Start Up Loans: Delivery Partner

Delivery Partner